Our Mission: Sustainability and Transformation for Berlin

As a responsible partner to the State of Berlin, the IBB Group is dedicated to supporting the people through targeted funding programs and assisting the state in achieving its sustainability objectives. Mandated by the IBB Founding Act, the IBB Group supports public initiatives through funding programs aimed at fostering Berlin's sustainable development. To achieve this, we focus on the following key aspects:

• Monitoring and adjusting to new market standards to ensure that our reporting, products, and corporate culture meet evolving expectations.
• Building collaborative relationships with partners and institutions to foster robust networks.
• Implementing long-term change management through initiatives that integrate environmental and social goals at all levels of the organization.
• Directing funding to transformative projects while managing potential conflicts of interest to maximise positive impact.

At IBB Group, we embed sustainability at all levels of the business through our sustainability and business strategies. ESG (Environmental, Social, Governance) objectives are embedded in the performance agreements between the Executive Board and the Supervisory Board of the IBB Group, alongside financial objectives. This integrated approach ensures that sustainability objectives and risks are considered in all operations, creating long-term value and impact across the organization. Our commitment underlines our ambition to become the "Impact Bank Berlin".

The IBB Group's sustainability and climate change strategies are reviewed annually by the ESG management team to ensure transparency for stakeholders and maintain focus on relevant objectives. The strategy includes contributions from Investitionsbank Berlin's Executive Board, the operational divisions, the IBB Business Team (IBT), IBB Ventures and IBB Capital (IBC).

The IBB Group actively supports the achievement of the 17 Sustainable Development Goals (SDGs) of the United Nations. Through targeted funding programes, we promote projects that contribute to climate protection, social justice and economic growth. By 2030, we will provide 20 billion euros in sustainable financing to make Berlin a liveable and sustainable city. Find out how our work is advancing the SDGs, and what progress we have already made.

The IBB Group adopts a comprehensive ESG management approach, embedding sustainability in all business areas. With a dedicated team and a strong focus on sustainable financial products, we support Berlin's journey towards becoming a carbon neutral city. From integrating regulatory requirements to adopting voluntary sustainability standards, we ensure that our contribution to sustainable change is forward-looking and impactful.

On January 5, 2022, the IBB Group adopted sustainability guidelines that set binding standards and enhance transparency. These guidelines cover all dimensions of sustainability, outline our areas of action, and define clear exclusion criteria for financing and projects.